Regardless of all that, I just grabbed some more at 1.6c.
No reason this cannot go to 10c. I'll never again own as many as I did, but having a modest position with cost basis under 2c makes good sense to me. Buying 200K at 1.6c costs $3200. At 10c it would be worth $20K. Not trying to make a fortune here. Just thinking that this was a good buy.